Trafigura, IXM caught in Comex copper short squeeze as prices hit record

The rise is driven by new builds in China and decommissioning delays elsewhere.

The Retortillo project, Berkeley's main asset, received preliminary approval in 2013 but has since run into hurdles.

Asante’s plan follows calls from Ghana’s government for local ownership of Akyem.

Copper is entering a second bull market this century, Citigroup said this week.

In New York’s Comex gold futures market, money managers are placing more bullish bets on gold.

The company intends to invest $2.6 billion to establish the mine.

Global gold ETFs saw outflows of $823 million in March, down from an outflow of $2.9 billion in February.

As long as BHP’s giant Escondida mine in Chile continues to step up production, the Australian company will nudge past Codelco this year.

Bullion has gone up by more than 18% since mid-February.